Image showcasing prominent African corporate buildings, including Maroc Telecom and Bank of Africa, highlighting economic growth.
Nine Moroccan companies have earned spots in Forbes Middle East’s latest ranking of the region’s most valuable listed firms, highlighting the continent’s growing corporate influence despite Gulf dominance. The list, covering companies across 12 stock exchanges, values the top 100 at about $3.7 trillion. Morocco leads the African contingent, placing fourth overall by number of companies represented, behind only the UAE, Saudi Arabia, and Qatar. Attijariwafa Bank tops the Moroccan entries at $17.4 billion, followed by mining group Managem Group, telecom giant Maroc Telecom, and port operator Marsa Maroc. Banking, infrastructure, construction, and energy drive the broader African showing, with companies operating across dozens of African markets. While Gulf States still dominate with 88% of the list, Africa’s expanding corporate footprint in global rankings signals a continent steadily building world-class scale.
Business Insider Africa